If the IRR for a project is 15 percent, then the Project's NPV would be:
A) negative at a discount rate of 20 percent.
B) negative at a discount rate of 10 percent.
C) positive at a discount rate of 15 percent.
D) positive at a discount rate of 20 percent.
Answer: A) negative at a discount rate of 20 percent.
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Debentures are backed only by the goodwill of the bond issuer
Indicate whether the statement is true or false
The following information was obtained from MCB Manufacturing, Inc
Advertising Costs $9,900 Indirect Labor 53,000 CEO's Salary 620,000 Direct Labor 40,000 Indirect Materials Used 7,500 Direct Materials Used 65,000 Factory Utilities 760 Factory Janitorial Costs 1,200 Manufacturing Equipment Depreciation 3,100 Delivery Vehicle Depreciation 1,000 Administrative Wages and Salaries 24,000 Calculate MCB Manufacturing's total product costs. A) $170,560 B) $654,900 C) $105,000 D) $165,500